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No Regulation
Score
1.51 /10
Danger
UCML
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index6.98
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
Check whenever you want
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-24
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
Note: UCML's official website: http://www.unioncapitalmarkets.com/is currently inaccessible normally.
UCML Information
Founded in 2008, UCML is an unregulated brokerage company registered in Nigeria. This firm's key business areas include: investing banking, securities, real estate, private equity, asset management and research.
Is UCML Legit？
UCML currently does not hold any valid regulatory certificates. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.
Downsides of UCML
- Unavailable Website
UCML's official website is currently inaccessible. So maybe it's time to find another brokerage.
- Lack of Transparency
There is a notable lack of information about UCML available online. This lack of transparency can really dampen investors' enthusiasm.
- Regulatory Concerns
UCML is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.
Customer Support Options
For any question you might have, help is available by phone(+234-1-280-6860) or email (enquiries@unioncapitalmarkets.com). You can also dig into their social media channels (Facebook, Instagram, Twitter, etc).
Conclusion
All brokerages aren't created equally. Most excellent brokerages not only give you more investment choices, but also present you more routes to achieve your goals. UCML is a brokerage without any valid regulatory certificates. When comparing brokerages, remember that safty alway comes first.
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